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    320 Vehr Dr Colorado Springs, CO 80916

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    For Sale
    $575,000

    Four-unit apartment building in convenient location with upgrades and new roof.

    Lot size:
    0.18 Acres

    Property Features for 320 Vehr Dr

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1972

    Source: Keller Williams Premier Realty Agent Michael Hills

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colorado Springs Four-Unit Apartment Building

    Located in Colorado Springs, this four-unit apartment building presents an investment opportunity with convenient access to Academy Blvd, Peterson AFB, Fort Carson, shopping, and dining. Each unit features 2 bedrooms, 1 bath, and an open-concept kitchen within 810 square feet. Some units have been renovated with new flooring and paint. The property includes a roof with a 5-year warranty and a new boiler. Community features include off-street parking and common-area laundry facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7479216
    Latitude
    38.8264218

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in convenient location with upgrades and new roof.
    Where is this quadplex located?
    The property is located at 320 Vehr Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Prime location with easy access to Academy Blvd, Peterson AFB, Fort Carson, shopping, and dining.; - Four-unit apartment building offering excellent investment potential or owner-occupancy.; - Each unit features 2 bedrooms, 1 bath, and an open-concept kitchen across 810 square feet.
    Request Owner's contact information
    320 Vehr Dr Colorado Springs, CO 80916
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    Colorado Springs, CO 80916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 Vehr Dr Colorado Springs, CO 80916
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